8/11/2019 Strategic Management - quiz 5

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Chapter 05: The Global Environment

1. The evolution of a global corporation often entails progressively involved strategylevels. What level has the minimal effect on existing product lines?

a) Foreign licensingb) Export-import

c) Technology transferd) Direct investment

2. The most involved strategy level in the evolution of a global corporation incharacterized by

a) Technology transferb) Export-import operationsc) Foreign licensingd) A substantial increase in foreign investment

3. A(n) ______ orientation exists when the parent attempts to blend its ownpredisposition with those of the region under consideration.

a) Polycentricb) Regiocentricc) Ethnocentricd) Geocentric

4. If a corporations has a(n) ______ orientation, then the culture of the country in which astrategy is to be implemented is allowed to dominate the decision-making process.a) Polycentricb) Ethnocentricc) Regiocentricd) Geocentric

5. A ______ is one in which competition is essentially segmented from country tocountry.

a) Stakeholder activismb) Multidomestic industryc) Globalized economyd) Polycentric environment

6. A global firm competing in a global industry must:a) Be responsive to global conditions onlyb) Be responsive to both global and local conditionsc) Be responsive to local conditions onlyd) Compete in multi-domestic industry also

7. The complexity of a strategy refers to:a) The breadth of a firm's business linesb) A continuum of possible strategic choicesc) The diversity of the productsd) The number of critical success factors required

8/11/2019 Strategic Management - quiz 5

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8. Which of these strategies shows the lowest commitment to international market?

a) Exportb) Joint venturec) Licensingd) Wholly owned foreign subsidiary

9. The retailing industry is an example of a _______ industry.a) globalb) multidomesticc) transnationald) multinational

10. The transfer of an industrial property right is calleda) Franchisingb) Licensingc) Exporting

d) Bartering

11. Host countries may require a foreign branch to bea) Domesticatedb) Globalizedc) Centralizedd) Localized

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